CAPE TOWN – Nampak Ltd, a South African packaging company, said it will buy closely-held Nigerian drinks-can maker Alucan and has an option to purchase a...
BEIJING – China’s manufacturing activity expanded in November but at a slower pace than October, a survey from HSBC showed on Thursday. The HSBC flash Purchasing...
GENEVA - The World Meteorological Organization has partnered with leading research, UN agencies and humanitarian organizations to launch the Climate Services Adaptation Programme in Africa in...
LONDON – Renewed talk of an early cutback in the U.S. Federal Reserve’s stimulus sent the dollar back above 100 yen on Thursday while driving government...
LOS ANGELES – Tribune Co., which owns the Los Angeles Times, Chicago Tribune and seven other daily newspapers, said Wednesday it’s cutting 700 jobs, or 6%...
ABUJA – The market capitalization of the Nigerian Stock Exchange (NSE) on Wednesday grew by N179 billion in bullish trading. The market capitalization rose by 1.46...
ABUJA – Nigeria has attracted investment of about N205.4bn ($1.3bn) into the retail sector within the last two years, The Minister of Industry, Trade and Investment,...
NEW YORK—The U.S. dollar gained on the euro but slipped versus the yen after Federal Reserve Chairman Ben Bernanke emphasized plans to continue ultra-loose policy. Investors...
NAIROBI - African countries have enormous potential for trade with the global market and for more intensive trade among themselves. Regional trade in Africa can play...
TOKYO – Asian stocks fell for a second day after valuations on the regional benchmark index reached the highest level since May and as Samsung Electronics...